Trending Articles

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HUD announces relief for Texas disaster victims

Housing Wire

The U.S. Department of Housing and Urban Development (HUD) announced this week that it is extending a 90-day foreclosure moratorium for all Federal Housing Administration (FHA)-insured mortgages to the federal disaster area in Texas stemming from severe weather, tornadoes and flooding that hit several counties beginning on April 26. The initially-declared federal disaster zone included the counties of Harris, Liberty, Montgomery, Polk, San Jacinto, Trinity and Walker.

Loans 367
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Homes.com president out

Real Estate News

David Mele, the longtime leader of CoStar’s home search site, confirmed to Real Estate News that he has left his position as president of Homes.com.

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VA to roll out temporary fix to buyer agent commission problem

Housing Wire

The United States Department of Veterans Affairs will soon release a circular that “bridges the gap” on an agency law that prohibits a VA buyer from paying their real estate agent compensation, a VA official announced on Tuesday. Michelle Corridon, deputy policy director at the VA, announced at the Mortgage Bankers Association ‘s Secondary & Capital Markets Conference in New York that the circular would be issued between now and June 12.

VA loan 515
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VA will allow homebuyers to pay agents — at least for now

Real Estate News

Comments made by a Department of Veterans Affairs official Tuesday “ensures veterans have the same opportunity as others to compete in a tight housing market.

Agents 266
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The 4 Most Impactful Actions to Take in Real Estate in 2024

Strategic real estate professionals know that the name of the game right now is to stay informed, adaptable, and ready to make confident decisions. In this free download, Inside Real Estate CEO, Joe Skousen, shares what he believes are the top 4 most impactful actions in real estate right now. We've been actively engaging with industry experts, analyzing data, and listening intently to the experiences of our agents on the ground.

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Worried about Home Maintenance Costs? Consider This

Keeping Current Matters

If one of the main reasons you’re hesitant to buy a home is because you’re worried about the upkeep, here’s some information you may find interesting on both new home construction and existing homes.

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Veterans Affairs will suspend rule blocking vets from paying agents

Inman

Deputy Director of Policy Michelle Corridon said Tuesday the agency would lift rules preventing vets from using low-cost VA loans to pay agents until it engages in a formal rule-making process.

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More Trending

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‘Stop sharing broker commissions’ to steer clear of trouble

Real Estate News

A “consumer-centric” approach to buy-side commissions is better for all agents, industry leaders say. Here’s why, and what you need to know about the DOJ.

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What’s Next for Home Prices and Mortgage Rates?

Keeping Current Matters

If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates.

Mortgages 255
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Email sequencing is the latest upgrade for Nimble CRM

Inman

Nimble, a software company that specializes in customer relationship management for “soloprenuers” and small business teams, has shipped a new feature to its customer accounts — email sequencing.

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Benefits and Risks of Use and Occupancy Agreements

RIS Media

In a real estate transaction, a Use and Occupancy Agreement (U&O) presents a unique solution for buyers and sellers under certain circumstances. This agreement allows a buyer to use and occupy the property before closing the sale. Conversely, it can enable a seller to continue occupying the property post-sale. I will examine the benefits and… The post Benefits and Risks of Use and Occupancy Agreements appeared first on RISMedia.

Sales 140
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Need Curated Pre-foreclosure Lists to Generate New Real Estate Leads? Trellis Has the Data!

Trellis is a state trial court research and analytics platform that provides Real Estate Professionals (Buyers, Foreclosure, Loan Modification, etc.) with LEADS on Pre-Foreclosures, Lis Pendes, Distressed Assets and more — to help uncover **new** opportunities and grow their business. The process is quick and easy — and all in real time. Trellis will supply you with a link to the relevant dockets, a Leads sheet and access to its UI where applicable.

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Fraud, forgery claims are costliest expenses for title insurers

Housing Wire

Fraud and forgery claims represented more than one-fifth of the total dollars spent by title insurers on claims expenses and losses over the past decade, according to a study conducted by Milliman and commissioned by the American Land Title Association (ALTA). Between 2013 and 2022, title insurers recorded 203,181 claims for policies written during that time, and they paid out $4.4 billion in claims related to losses and loss expenses.

Title 466
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Questions You May Have About Selling Your House

Keeping Current Matters

There’s no denying mortgage rates are having a big impact on today’s housing market.

Mortgages 226
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Compass CEO Robert Reffkin says the luxury market is back

Inman

The luxury market is back. That was Compass co-founder and CEO Robert Reffkin's primary message during his latest appearance on CNBC's "Squawk on the Street," where he talked about home price trends, mortgage rates, and stock market ebbs and flows.

Marketing 151
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DOJ Lawyer Says No Offers of Compensation ‘Anywhere’

RIS Media

Antitrust regulators at the Department of Justice (DOJ) appear unsatisfied with the agreement struck between the National Association of REALTORS® (NAR) and plaintiffs in commission lawsuit class-actions, with a DOJ lawyer saying explicitly that they do not want any offers of compensation made by seller agents to buyer agents At a court hearing today in… The post DOJ Lawyer Says No Offers of Compensation ‘Anywhere’ appeared first on RISMedia.

Agents 135
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Accelerating Real Estate Sales Pipelines to Streamline Buyer Journeys

Navigated 360° tours, like YourVRTours, advance pipelines by engaging clients further along the sales funnel. These immersive experiences provide comprehensive property insights, increasing buyer intent and readiness. By embracing navigated tours, agents can optimize property exposure, better qualify leads, and streamline the sales process. Stay ahead in the ever-evolving real estate landscape with innovative technology that elevates buyer journeys and progresses pipelines more effectively.

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9 tips for homebuyers in non-disclosure states

Housing Wire

For many, buying a home is a complex process, and navigating the real estate market’s rules and regulations can be tricky, especially in states where property sale prices remain a secret. Buying a home in a non-disclosure state, where sale prices are not available to the general public, presents a unique set of challenges and requires home buyers to be more proactive in gathering information.

MLS 445
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NAR continues its battle to keep DOJ case closed

Real Estate News

An appeals court ruled that the government could reopen its investigation. NAR says that decision involved “far-reaching and exceptionally important” errors.

Closing 263
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How Many Homes Are Investors Actually Buying?

Keeping Current Matters

Are big investors really buying up all the homes today?

Investor 216
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NextHome CEO on the ‘stupidest’ part of the commission settlement

Inman

James Dwiggins spoke at the inaugural Inman Connect Miami on Tuesday, arguing that clinging to the current status quo when it comes to commissions is a recipe for disaster.

Brokerage 171
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Maximizing Your Online Presence: Tips for Real Estate Agents on Social Media

Speaker: Sarah Santa Ana, Real Estate Coach, Move4Free Realty

Networking is one of the crucial elements in every real estate organization's success. Both agents and real estate companies need to maintain robust networking links. This is why social media is essential for any real estate professional! Social media enables you to stay in touch with your present clients, maintain connections with your past clients, and engage potential customers and investors.

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Mortgage Rates Drop Below 7%

RIS Media

Calling it an “unexpected windfall” of both lower rates and increased inventory of new and existing homes, Freddie Mac’s data showed the 30-year fixed-rate mortgage (FRM) averaging 6.94% this week, down from 7.02% last week and marking its third-straight week of declines. The data is tracked weekly in Freddie Mac’s Primary Mortgage Market Survey® (PMMS®),… The post Mortgage Rates Drop Below 7% appeared first on RISMedia.

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Movement Mortgage names Joe Thompson as regional director

Housing Wire

Movement Mortgage , a multichannel mortgage lender, has appointed Joe Thompson as its new regional director. Thompson, recognized as a HousingWire Rising Star in 2018 , will oversee more than 60 loan officers across Texas , Oklahoma and New Mexico. In his new role, Thompson will also be responsible for driving growth and expanding the company’s market presence while fostering relationships with real estate partners. ”Movement is the only lender that gives nearly 50% of its profits, manufactures

Mortgages 378
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Keller Williams cancels plan to cut profit share for ex-agents

Real Estate News

President and CEO Mark Willis called the move “unprecedented," and said the vote by the company’s agent-led IALC passed by an “overwhelming majority.

Agents 292
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Should You Buy a Home As Is? A Comprehensive Review of The Considerations

Maximum Exposure Real Estate

Purchasing a house as-is can be an attractive option for many buyers. However, it involves unique processes and considerations. I will provide you with the following information so you can make the best decision. How to financially plan and explore mortgage options for an as-is home purchase. Understanding mortgage options. What steps should be taken […] The post Should You Buy a Home As Is?

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Rise of The Apps: Building Your Dream Tech Stack For Real Estate Success

Speaker: Trey Willard, Realtor/Team Leader at Keller Williams Realty, Inc.

In order to create continued success in today’s real estate market, realtors need to utilize an arsenal of technology that will increase their efficiency and presence on social media. Using technology to manage your prospects and tap into their needs through websites, social media, and other channels is critical for real estate success in 2022 and beyond.

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Why buyer representation should matter so much to sellers

Inman

Managing broker and new Inman contributor Cassie Walker Johnson writes that in the evolving real estate market, investing in buyer agent compensation is a wise decision that benefits everyone involved.

Agents 168
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Mortgage Mix: FHA Requiring ‘Cyber Incident’ Reports; Homeowner Equity Hits New Record

RIS Media

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. -Leadership at Fannie Mae is highlighting the use of AI as a possible way to “get out of repurchases altogether,” according to National Mortgage News. At a Mortgage Bankers Association (MBA) conference last week, executives… The post Mortgage Mix: FHA Requiring ‘Cyber Incident’ Reports; Homeowner Equity Hits New Record appeared first on RISMe

Equity 117
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Off-the-grid deals: Distressed property trends and market insights

Housing Wire

In a supply-constrained housing market , even landing a deal at foreclosure auction has become challenging, but those deals tend to be more readily available in markets or neighborhoods that are off the beaten path. “It’s oddly enough in states where people are leaving,” said Florida-based real estate investor Paul Lizell of the markets where he is more focused on acquiring investment properties in 2024.

Marketing 437
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A third of homes for sale are new construction

Real Estate News

With many owners of existing homes hesitant to give up their low mortgage rates, new homes continue to account for an outsize share of the market.

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3 Real Estate Office Hacks to Help Kickstart the Busy Season

Ready to better your Back Office? Dive into the secrets to a powerhouse back office with Brokermint expert, Jessica Souza. In this free download, she shares her 3 transformative hacks designed to clean house, get everyone on the same page, and set yourself up for success. From optimizing agent profiles to ensuring flawless transactions and boosting agent retention, these strategies are your ticket to a seamless operation.

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Tips to Stage a Home That Needs Repairs and Improvements

Realty Biz

Are you wondering how to stage a home that needs an overhaul due to its condition? Selling a house in need of repairs can be challenging. However, you can enhance its appeal with strategic staging and attract potential buyers without completing all the repairs. I will provide tips and advice on how you can accomplish your goal of selling fast without investing a ton of money: How to highlight the home's potential and minimize flaws.

Staging 129
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DOJ sends signal to industry in first commission comment since March

Inman

Statements made by a DOJ attorney during a May 21 status hearing in the Nosalek commission case offer new insights into the Justice Department's impression of the proposed NAR settlement.

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What Legacy Brokerages Need to Do to Prevent Their Demise

RIS Media

The real estate industry is undergoing a seismic shift as traditional brick-and-mortar brokerages lose ground to modern, digitally-driven competitors. As real estate strategist Mike DelPrete points out, 2023 transactions were down 19% compared to the previous year. Still, tech-centric firms like eXp Realty, Compass and Keller Williams outperformed the market.

Brokerage 117
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New listings data falls for third week in a row 

Housing Wire

New listings data has been moving lower over the last few weeks. I usually wouldn’t care too much about this as its a data line that can be volatile week to week but now it’s been three weeks. The moves haven’t been significant and our weekly pending contracts data picked up this week. But, we need to see more growth in new listings data just to grow from 2023 levels. 2023 new listings data was the lowest ever on record, so it’s already a low bar.

Mortgages 472
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5 Data Proven Ways Agents Can Do 18% More Business

Curious as to how you could do 18% more business? How about 14 more transaction sides per year? Check out this infographic with data from a RealTrends study to learn more.